How younger generations are driving the recovery in consumer credit in 4 charts

While card issuers tightened new card volume during the pandemic, that trend has now shifted. Total bankcard originations reached new peak levels compared to previous years at 19.3 million in 2021, nearly doubling year-on-year, as lenders are looking to grow their wallet share knowing consumers…

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  • John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.